Equities and Alchemy

Equities and Alchemy


Jobs, financial markets, marketing, macroeconomics, individual investors, corporate criminals,
predatory financiers, market manipulation,
equities and alchemy

Buyer Beware

October. This is one of the peculiarly dangerous months to speculate in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.
- Mark Twain

7/31/14

Grim Prospects for Housing in China




 · Jul 29


Moody's says a sharper than expected property downturn in China could shave off 1.5-2 pct points off the country's GDP growth.

CHINA NEWS
China Average Housing Prices Fall for Third Straight Month
Chinese Average New Home Prices Down 0.8% in July, Indicating Grim Prospects for Housing

Updated July 31, 2014 12:00 p.m. ET
By ESTHER FUNG 


SHANGHAI—China's average housing prices fell in July for the third consecutive month, an accelerating decline that seemed to indicate prospects for the housing sector remain grim.

Under pressure to sell homes quickly amid a supply glut, property developers are cutting prices to lure customers. But many home buyers remain uncertain and are waiting for further reductions, data provider China Real Estate Index System said Thursday....


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Vancouver Island, British Columbia, Canada
Jennifer believes we live in the garden of Eden and I believe that we are destroying it. Our saving grace is within ourselves, our faith, and our mindfulness. We need to make a conscious effort to respect and preserve all life.